A closer look at how the iPhone crushed Intel and boosted ARM

There are numerous areas one might examine when looking for data to support the advent of the post-PC era. Declining PC sales, exploding tablet sales and astronomical smartphone sales are examples, but there are also some interesting less treaded ways to illustrate the rise of mobile computing. Case in point: in a recent report, Bloomberg took a quick look at the market values of Intel and ARM since Apple first debuted the iPhone. Intel rose to power on the back of the PC boom and we all know it failed to pivot when smartphones and tablets based on ARM chips began taking over, but Bloomberg’s observation really puts things in perspective. Since Apple’s first iPhone was released, Intel’s market cap has fallen 27% from $155.7 billion to $114 billion. During the same period of time, ARM’s market value has ballooned nearly 1,000% from $1.7 billion to $18.5 billion as of Thursday’s close.

[More from BGR: Ballmer reportedly admits Surface was a flop, says Windows 8 sales are disappointing]

This article was originally published on BGR.com